UOB’s Quek Ser Leang and Lee Sue Ann see AUD/USD steady near 0.7220 after quiet sessions, with intraday ranges around 0.7205–0.7238. They maintain that the Australian Dollar could edge higher but expect gains to stay within 0.7160–0.7240 over the next 1–3 weeks. On a multi‑week view, they note AUD/USD could continue rising, though a retest of the 0.7277 year‑to‑date high is uncertain.
Aussie Dollar bias higher but limited
“24-HOUR VIEW: AUD traded in a quiet manner between 0.7205 and 0.7231 two days ago and closed largely unchanged at 0.7216 (-0.03%). Yesterday, we stated that “the price action provides no fresh clues, and AUD could trade…
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